If employees realize they are taking more risk than the founders, maybe they'll ask for more compensation, maybe they'll congratulate the founders and move on with their day, maybe they'll start yelling: "I'M TAKING SO MUCH RISK, IT'S SO HARD TO BUILD A COMPANY, I DON'T EVEN HAVE ACCESS TO LIQUIDITY!!!". And maybe they're right.
This is why I think the term "Founding Engineer" is often just a fancy way of saying 'sucker.'
This is why I think the term "Founding Engineer" is often just a fancy way of saying 'sucker.'